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of dollars of emergency crash and creditors impose onetime tax of 3% on all bank deposits under $130,000. >> going deep here. >> the tax could be closer to 10% on people who have over $640,000 in the bank. that's according to the "the wall street journal" this morning. people stood in long lines over the weekend to withdraw money before the policy went into effect and now russian president vladimir putin is calling the move, quote, unfair, unprofessional and dangerous. russian citizens make up the majority of billions of euros held in cypress bank. this is important. >> cypress. >> who cares about cyprus? >> come on, cyprus. are you telling me if somebody sneezes in cyprus we get a cold than on the nasdaq? >> tell us why. >> we have a cold on the nasdaq. the nasdaq is going down today. not too many people care about cyprus but a way the europeans have screwed up the bailout by getting the people to pay a part of the cost. you could have a run on the bank and europeans say why do i have my money in this bank? might be a tax on me next. it shows that europe is still a mess, that they h
on spending and taxes. so far, the game is not going very well. >> is the grand bargain dead? >> i don't know whether we can come to a big agreement. the president believes that we have to have more taxes from the american people. we're not going to get very far. >> the president has sounded equally pessimistic about bridging the divide. >> it may be that the differences are just too wide. if their position is we can't do any revenue, or we can only do revenue if we gut medicare or gut social security or gut medicaid, if that's the position, then we're probably not going to be able to get a deal. >> while there's not much agreement there are plenty of ideas. washington is awash in budgets. no less than six plans are currently circulating on the hill. there is the plan from senate democrats, or the murray plan. it includes a one-to-one ratio of spending cuts and tax increaseses, as well as short-term stimulus. then there's the house democrats' budget, which pushes for $200 billion more in revenue than the plan proposed by their party members in the upper chamber and there is a congressional pr
if they are unwilling to come up with or agree to anything related to closing some tax loopholes and i would think that 98% of americans realize and understand that we have protected spots in our tax code for rich folk who have airplanes and yachts and it's just mind boggling that people can't say, yeah, we can close those loopholes. we don't want those people taking advantage of the tax code so they can keep millions of their dollars when poor people are paying a disproportionate amount. so david throw said things don't change, we do. there's going to have to be some changes going on with individuals and their philosophies if we're going to bring this nation around to propelling this growth or we're going to fall down again because they are not going to move. >> when you look at the fact that speaker boehner wrote and this is an op-ed that says, obama's outreach is nice but where's the leadership? if we're going to find bipartisan solutions, the president will have to move beyond the same proposals as democrat democratic dogma. aren't they saying, there can be an agreement as long as everybody ag
if republicans agreed to new tax increases. we have heard this before. however, the white house put a positive smpin on the meeting calling it a good substantive exchange and called it a good conversation. the president admitted more with abc news there is more to be done. >> ultimately it may be that the differences are just too wide. if their position is we can't do any revenue or we can only do revenue if we gut medicare or gut social security or medicaid. if that is the position we probably will not be able to get a deal. >> if your piece up on politico read conflicting reports, some say it was more of the same from the president and others say it was a step in the right direction for him to come up to the hill and visit bus. anything come out of this meeting yesterday and the ones that will follow today and the rest of the week? >> i would just replay that clip over and over and over again and that tells you everything you need to know about the next year. the president wants tax increases and he does not want to do a bill with big changes in entitlement reforms. republicans don't want ta
taxes and all the things that reflect what conservatism was and presumably ought to be but that isn't enough now. jack said today in reaction to lugar's defeated if we continue to move towards purity we will move to your relevance and along the way the country in effect is going to go down the tubes. that i think is a clarion call and you get the clarion call coming from people liked chuck hagel and the lugar and jack danforth not just from us that all to shake people about where we are and where we are going. and what we would hope has happened is with a degree of penetration that still put us from the "washington post" piece before the book is that all that credibility that we have built up would get out there and designate with people but this isn't just a couple people coming from one end of the spectrum saying it is all the fault of the people of the other end and this isn't 100% default of one party. there is plenty of blame to go around but this is the case of the system that's grown in this function as one party and has become an insurgent out lawyer. it means not to disappe
's good to refresh our memories on costly wars, big tax cuts, medicare part d. that was a six-hour vote and there were republicans chasing people around the walls of the house of representatives trying to get that last vote and of course, the crisis on wall street. by the way, as you know, they've regained all the money they lost on the principles of president obama. i know he has a heart of caring. we've got to restate this principle and you are right. it's our commitment. we're not letting go of medicare, medicaid and social security. medicaid is a premise of the affordable care act. >> even if it puts you at odds with the president? >> i'm an optimist and i truly believe the president has a real good heart and he's still willing to listen. we're against the changed cpi. but we're keeping the doors open. we want to hear what the president has to say and i always believe that he has an open mind and an open heart. but it's up to many of us. to keep the fight going. >> we are going to find out. no question about it. thanks for your time tonight. i appreciate it. >> thanks. >> and that i
, again, if the president wants to let our unwillingness to raise taxes get in the way, then we're not going to be able to set differences aside and focus on what we agree on. and my take away was that. >> frank and candid are always interesting diplomatic code words when year overseas. thiser boehner in today's "the washington post." for all of washington's focus on the president's outreach to republicans, it's his engagement with members of his own party n that will determine whether we succeed dealing with the challenges facing our economy. the fact is there are folks on both side of the aisle that talk a good game on the idea of reforming medicare or doing something about social security, nobody wants to own the plan. they want to agree to it reluctantly to a plan brought up by the other side because here's another fact. medicare and social security are universally popular and even in a republican primary getting caught messing around with social security without a reason is bad politics. so any time you hear this from either side, the other side needs to lead, translation
taxes. there are less taxes going into the government. it is because the government cannot balance our budget, cannot act responsibly, cannot work together. host: paul on the air twitter p the " t " huffington post," -- sing on the elderly in theirr of americans 50s at risk of hunter grew by 40%. according to "the huffington post," rising gas prices as low as rising electricity is only exacerbating the trend among some of america's elderly. mike is on the phone in chicago. our question is what is the government's role when it comes to hunker in america? caller: i am a long time listener and a first-time caller. this kind of stuck in there with me. the problem with government is waste.ot watching the you have a lot -- you have an onslaught of people using link texting on iphones. they are taking advantage of the system. if our government to find out who really need it and give it to them -- people who can work should work. host: thank you for the call. to not be a stranger. if you have access to the internet, "the washington post" has this story on their website. the focus is on one rho
way, both by smart cuts, by closing all of those tax loopholes for high-income people. by the way, mitt romney and paul ryan talked about during the campaign -- those tax breaks are all still there. by eliminating those tax breaks, we can take a balanced approach to reducing the long-term deficit. which is an issue. but you shouldn't sacrifice economic growth now, on the altar of deep cuts and an austerity philosophy. >> i want to bring the panel in because you know, the congressman talks about making smart cuts now. what's in it for democrats to do any grand bargaining at all. any savings that would be applied in cutting the budget, would not be applied to their priorities. it's not as if you're going to reduce government spending on x and spend it more on the poor, spend it more on things democrats care b. why are democrats arguing for a budget at all? >> you and i don't agree on this, joanne. i think long-term, as congressman van holland says, you have to create a sustainable budget path. with the baby boomers, retirement and all sorts of other huge coming costs, we need to hav
who is independent. the cpc wants a 49% federal income tax rate on top earners. they want half. and they don't want many deductions for those folks. also the congressional progressive caucus wants even more government spending. 2.5 trillion more, on, quote, job creation. another 2.2 trillion on things like science, energy, the environment and education. also the cpc does not want to cut entitlements. and, wants to give unemployed americans 99 weeks of cash compensation. nearly two years. the question is what does president obama think of the congressional progressive caucus? my opinion, he likes it i don't think the president believes that crew is fanatical because they want what he wants. by the way, the far left kooks do want to cut one thing, defense spending. they want to bring that back down to 2006 level. somewhere in iran is cheering. there comes a point when americans are going to have to decide what country, what kind of country they want. even taking half of what affluent americans earn, feds couldn't possibly afford what the far left wants to provide. so we would eve
.85 trillion off the deficit over the next decade. it does so by raising nearly $1 trillion in new tax revenue, by cutting tax expenditures, and closing loopholes in the tax code and cutting $733 billion in spending. the remainder of the package is made up of savings on interest payments. murray's budget includes $275 billion in some health care cuts, less than the $400 billion the president previously put on the table and what he talked about in the state of the union. it includes $240 billion in defense cuts. senate democrats also propose $100 billion on new stimulus spending on infrastructure projects. >>> the budget includes no change to social security. the president reportedly faced some skepticism yesterday when he spoke to senate democrats about potential plans to switch to a, quote, chained cpi, which could lower the rate at which social security benefits are increased and cut the cost of the program in the long run. this morning, the liberal "huffington post" has a banner headline quoting senator tom harkin. quote, he said he hopes we reach some grand bargain. but what is in that gra
unwillingness to raise taxes get in the way, then we're not going to be able to set differences aside. >> so they are trying to act inflexible and it seems that the president has held on to his guns. >> right, and two of those statements, the two statements john boehner made, aren't exactly true, to be very xartable about it. the president does care about fiscal balance. he's put a deal on the table. he just doesn't think we need to get there as quickly as the republicans claim we get there. and in terms of unlocking our energy, we are closer to energy independence than we've ever been. they may want to drill in places the president doesn't. but we're making a lot of progress on energy. i think eric cantor's statement put his finger on it. the republicans in the house in particular, and we're going to see how republicans in the senate do, that the republicans in the house are simply not willing to raise another penny in taxes from well-off people as part of the effort to balance the budget. in fact, the ryan budget cuts the top income tax rate from 39.6% to 25% without explaining all the mid
't love racing taxes just for the sake of raising taxes. we do so in the service of creating a fairer tax code, funding investments for the future and in the service of a balanced approach to deficit reduction. if you take out the deficit reduction concerns and lord knows that any sort of inve investment spending right now is not going to pass muster with the house republicans, you're left with the fairness motive. a more just system would certainly be nice, does it offset the injustice of cutting benefits to folks who rely on social security? to scuttle a brand bargain deal, though, democrats need some sort of political cover. hmm. if only some republican would put out a really toxic, extreme, ideological plan that democrats could point to as continuing republican intransigence, they could walk away with not political consequence. you know, i think i know just the guy. all right. that does it for us here at "the cycle." martin bashir, all yours. >>> good afternoon, it's thursday march the 14th. who needs compromise on capitol hill when cpac is just a few miles up the road? >> was there a
responsibility as opposed to the republican plan which provides another tax break wind fall to very wealthy people at the end of everybody else. the expense of the middle class, the expense of commitments to seniors. so our focus right now is to number one, do no harm to the economy. number two, invest in a jobs plan that will help put people back to work. whether building roads or bridges or infrastructure or other things important to our economy. >> why will it take until 2040 to balance the budget under your plan? >> well, if you actually look at the past 40 years, we've only had four balanced budgets. those were during the clinton years and once leaning over to the bush years and then they squandered that balance. so the reason we do that is our focus is on jobs, craig. our focus is on meeting our commitments to seniors. we will not balance the budget on the backs of our kids' education or on the backs of our commitments to seniors. whether it is under medicare or medicaid. what we do is immediately begin to reduce the deficit so they're growing much slower than the economy. which is th
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spending can create jobs, but house republicans seem more interested in cutting taxes than listening to what the american people actually might want, as a reminder, the paul ryan budget cut spending, and offense no new revenues, with six budgets on the table, what is the road ahead? joining us now is doug lulls holtz-aiken, the former director of the congressional budget office. also the chief economist of the president's council of the economic advisers until president george w. bush. >> great to be here. >> and budget season no less. >> the thought in washington. >> you wrote it's like the super bowl for budget wonks and those who love them. >> just besides myself. >> i feel like we're going to have differing viewpoints here. >> shocking. >> i feel like you are not a fan of the murray budget, but whether or not you like it, she does offer both spending cuts and revenue. may not as much in spending cuts as republicans would like, but it seems like democrats are more open to compromise than republicans when it comes to the basic issue of spending and cuts. do you disagree with that?
. we don't believe that we ought to be raising taxes on middle income americans, which is exactly what the ryan budget will do. if you are going to sort the voucherize medicare, and then say to them with this voucher, you shop around, but then i've got to make up the difference with the insurance, then that's raising taxes on people who are on medicare. at the same time, you cutting taxes to people in the upper income categories. then we want a block grant, medicaid. that means that there are seniors who will find themselves being shopped around from state to state to find which nursing home will be able to take them. that is the kind of stuff that we ought not have. we ought to have a national medicaid program, a national medicare program, and it should be a guarantee. it should not be a voucher to shop around to insurance companies. >>> but congressman, there's going to have to be compromise before anything gets done. from the president's vision, if there is to be another grand bargain, it would require changes on entitlements. are you and the other members of the democratic caucus w
forward with a plan that gives the biggest tax rate in the world to the richest. paying for it with huge slashes in programs for middle class working people and the poor. call it ryan shrugged. it kills the president's health care plan outright in its crib. dumps medicare for a cheapskate voucher scheme. and offloads medicaid on to the states and steals from the ordinary people, that old 47%, and gives a bundle to the elite at the top. why is ryan doing this? you just have to ask, why after getting beaten and rejected in the presidential election last november is the vice presidential candidate coming out here trying to etch-a-sketch the whole thing, pretend the election never happened? tell me, where's ryan express, taking the republican party further off the cliff? if he's giving up -- what's he doing? giving us a souvenir roadmap of where they all went wrong? in a moment we'll be joined by congresswoman debbie wasserman-schultz. with us now, "washington post's" ezra klein and msnbc political analyst. thank you, ezra. i want to get to the basics. the boxcar information here. why in the
to panic about a possible tax, they try to withdraw their funds you could see big problems for european banks. >> maybe this might help in a small way. talk about a billion-dollar business and that's college ball. >> that's exactly right. total ad revenue for the tournament surpassing $1 billion in 2012. making it larger than any other professional post-season championship. . that's according to cantor media. costing $1.4 million this year. spam posting a video with sir camelot screaming that he can't get over the madness of march. i'm not sure what to say. >> i'm going to put my money down on cal. jackie deangelis, thank you. >>> consumers are generally satisfied with their shopping experiences. here are the retailers with the worst customer service according to the american consumer satisfaction index. number five, sears. cvs. safeway. number two, netflix, and walmart, the lowest rated store in the subject since 2007. ♪ no two people have the same financial goals. pnc works with you to understand yours and help plan for your retirement. visit a branch or call now for your personal r
-term spending that we need to deal with. but he's going to hold hostage the fact that he wants to raise taxes on the american people. >> again, if the president wants to let our unwillingness to raise taxes get in the way, then we're not going to be able to set differences aside and focus on what we agree on. >> so with -- obama himself down played the outreach during remarks last night to his policy armoring for ak action. >> the press in washington has been reporting about obama's charm offensive. all i've been doing is calling up folks and trying to see if we can breakthrough some of the gobbledygook of our politics here. >> joining me this morning is tennessee republican congresswoman diane black who is scheduled to speak tomorrow at cpac and she attended yesterday's meeting president obama. it's great to have you here. i want to start out talking about speaker boehner. he has an op-ed out today in the "washington post" saying that for all of washington's focus on the president's outreach to republicans, its his engagement to members of his own party determines if we succeed. this was sai
to extend the bush tax cuts. four words stick out. campaign, and sell the public. when i hear that, i don't hear journalism, i hear infomercial. >> bill: professor, that is fact that he put out. that shows there is powerful national media advancing the cause of one political party. i think the founding fathers would be zun that had that is happening? >> i think the founding fathers would be disappointed because they wanted an i7bd press to be a watchdog. it has happened when the white house has invited reporters to visit and talk and they call them sympathetic reporters. so i don't think that is unusual but there is a blurring of that objectivity line. we don't see that standard in journalism because a lot of journalists are into advocacy and they are perfectly fine for that. >> bill: if you are commentator, you are allowed if your entire news organization you are not. it's could a lot lewd go with the democratic party in colorado and most powerful paper in the state. you see what happens. good legislation is getting knocked down. folks aren't getting to vote on it. >> bill: thank you. ge
progressives extending the bush tax cuts. four words, campaign and sell the public. when i hear that, i don't hear-- i hear sham wow guy and i hear-- >> that shows a powerful national media advancing the cause of one political party. and i mean, i think the founding fathers would be stunned that that's happening. >> i think the founding fathers would be disappointed because they wanted an independent press to be a watch dog of the powers that be. it's happened many times over the years the white house invited the reporters, to come in and talk and the white house calls sympathetic reporters at press conferences and what not. i don't think it's unusual, but i think there is a blurring of that be objectivity line that we don't see that standard in journalism laboring like we used to. a lot of them are into advocacy journalism and they're perfectly fine with that. >> bill: if you're a commentary you're allowed and if you're not-- and the democrat post colluding in colorado and you see he what happens. good legislations get knocked down and folks don't get to vote on it. and gentlemen, thank yo
? through massive tax hikes or more likely massive government cuts. if we have an unsustainable government now and get to the point where interest payments are pushing it, we're constitutionally obligated to f pay for the debt every year. when we get to a point where the spending now -- we're on a pace of spending where we're going to have to have dramatic cuts, where is it going to hurt? my district. northern virginia. we're going to have to fire government workers that work in vital sectors of the economy. >> here's a question i'd like to put to both of you. starting with you, ron. hasn't the experiment of austerity been tried in europe already? let's just go to the austerity. at the moment the imf says the european economy will contract over the next year by 1.2%. the same organization says the american economy will grow by 2%. not massive. in the eurozone, the recession is going to last for another 18 months. unemployment in spain, 26%. unemployment in italy, 37% for youth. britain is in a triple recession. britain's pound is at its lowest rate in three years. those nations, that whole
reforming our tax code to produce savings and apply both of those savings to reducing our deficit. if we do it that way, if we do it in a balanced way that asks the well-off and well-connected to pay a little bit, to contribute a little bit to deficit reduction, not just seniors and middle class then we don't have to put all of the burden on seniors and the middle class while giving a massive, massive tax cut yet again to the wealthiest folks. the president felt very good about his meetings. he a great session with senate republicans yesterday and you saw numerous quotes i think from senate republicans that reflected the fact that it was a good meeting and a constructive meeting and there really is the potential for common ground. but the differences are large and they remain large do get back to your point, when it comes to deficit reduction, it may be that the gab is too wide to reach a deal. the president hopes that's not the case, but we'll see, it's certainly worth having this engagement to try to find common ground. >> why did it take so long? i know you're going to say he's met with
talking, actually pushing big tax cuts for the rich and cuts in medicare and medicaid that affect the middle class and poor. what a strange thing it is to hear reince priebus talking about building bridges when he was the one with his hands on the detonator? former pennsylvania governor ed rendell is with us as well as managing editor of the grio joy reid. i'm just wondering, why would a political party believe a new fr strategy would cover up for its policies? >> it makes no sense at all. first of all, their policies are bankrupt. they're the exact same, and they haven't changed their policies a bit, chris. you see republican state legislators pushing antiabortion bills that are clearly unconstitutional, clearly punitive to women. no exceptions for incept and rape. things that voters rejected the last time dramatically. they don't get it about income inequality in this country. they're still pushing for budgets that give huge tax breaks to the rich and stick it to poor people. people who are vulnerable. they haven't changed their policies a bit. no packaging, no marketing, can ch
the president wanted. >> well, he got his revenue. he has gotten his revenue. obama care has 21 new taxes. my goodness. i'd like to get rid of obama care in total and rid of those taxes. you've got to look at some of these other components of the problem. and you cannot tax your way out of this. i quite frankly liked the op-ed in "the wall street journal" today that showed our budget with the stablization pulling back on all of those spending components and putting ourselves in a position of growth would give us household income growth of $1500 in 2014 and $4,000 per household within this ten-year window. and what we're saying is, you've got to get this under control. now, the president wants to continue to spend and put new spending in place by getting new revenues. that's not workable. the american people don't want that. they want to see some spending restraints, some control, some common sense brought to bear in this budget process. >> congresswoman, i want to get you on the record about senator rand paul coming out in support of comprehensive immigration reform. right now it looks like r
. it calls for raising taxes on everyone earning more than $250,000 a year. spends a trillion dollars on public works projects over ten years. >> right. >> you say it will create 7 million jobs by next year. it does not, however, balance the budget. that's something also that the president has talked about. won't this be dead on arrival in the republican house? where do you see this document fitting into the debate? >> first of all, let me say the ryan budget is dead on arrival. so our budget stands, i think, it's better than his does. at least we're doing what the american people want which is to put people back to work. chris, i'm looking for the day where we can evaluate a budget based on whether it puts americans back to work. we don't need to balance the budget in ten years. we need to make steady progress toward reducing the ratio of gdp to deficit. that's what we need to do. what we really need to do and the crisis we actually have is a jobs crisis. we need to put our infrastructure in good repair, which we don't have now and we need public employees like teachers, firefighters
they have to in whatever way, shape or form they must to protect their loop holes in the tax code, to protect tax rates. they will do whatever they have to in order to preserve their special interest. so the president has an obligation it reach out to grass roots and to reach out to as many people as we can to participate in our battle for right priorities for the middle class and retiries in this country. >> we have to leave it there. congressman steve israel, thanks for being with us today. >> thanks, andrea. >>> what stories will make the 24 next on "andrea mitchell reports." ha ha ha! no no no! not today! ha ha ha! ha ha ha! jimmy how happy are folks who save hundreds of dollars switching to geico? happier than dikembe mutumbo blocking a shot. get happy. get geico. fifteen minutes could save you fifteen percent or more. otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, f
tax cut to the rich that somehow pays for its. what you want details? you know better than that. this is groundhog day in republican politics. soon, they are going to float hillary clinton is going to replace joe biden as vice president again. all of this stuff, the welfare lie, the obama phone lie. the kill medicare budget that we don't have to explain, trust us. it's republicans trying to get traction on stuff they did not get traction on before when they were busy trying not to lose in the november elections and they lost anyway. in that election, it was actually the democrats who really did get traction on part of that issue. it was democrats who did get traction when this tape showed the republicans real argument on this stuff and all the naked behind closed doors glory. the republican's presidential campaign showing 47% of the country was accustomed to voting. romney saying 47% of the country never mind them. this president has bought their votes with all the free obama welfare stuff he has been giving them. that tape is now back in the news in part because we know now, th
have, look you have the guys trotting out these same old stories about cutting taxes for the wealthy is going to people on the south side of chicago, which is a paraphrase of what rand paul said. you have mitch mcconnell speaking the ills of the affordable care act, which is passed law of the land. you have people coming out against marriage equality, that doesn't seem to be particularly good for a party that as i said, seems to want to knock on the door of the 21st century. >> i agree. and i think that coming out of the cpac and listening to the reports and seeing some of the conversation and talking to folks who are there. the mood is very different. it's not as exuberant, it's almost down a little bit. there's not this kind of energy there, because the fire is not there. and it's not being brought by the very names that we've talked about on the show today. so you know, maybe tomorrow with sarah palin's appearance, that, that changes us, a different kind of ignition to turn on. we'll see. i think the message coming out of this cpac is a very muddled one. i think there's some great
cartwright campaigned on the environment, corporate tax reform and openly embraced the president's health care reform. something his democratic rival voted against. cartwright won the democratic primary by double digits and went on to easily beat his republican challenger. joining me, congressman matt cartwright. also joining with us fellow freshman who we met a few weeks ago. we save the biography a little bit. indiana republican congressman luke messer, president of the republican freshman class. congressman cartwright, you are one of four presidents, i need to get that clear, right? have you guys decided how you serve? >> that's -- we have. the first year is going to be split. we have co-presidents the first year between me and a terrific congressman from san antonio, texas. joaquin castro. we'll be co-presidents the first year. the second year will be michelle luhan gresham from new mexico. and a terrific congressman from maryland, john delaney. >> who we met just last week here. congressman cartwright i want to start with you. i know you guys had a bipartisan meeting last week with b
. i...i mean, you...love. . >>> the one thing we've seen is $1 trillion in higher taxes, taxing more, borrowing more and spending more is not a path to prosperity. >> that was congressman paul ryan on the hill. pleased that democrats are bringing bunts budgets to the table. maryland congressman chris van holland is the ranking member on the house budget committee. he joins me now, congressman van holland. good afternoon to you. >> good afternoon to you, luke. >> i want to get your take on house republicans are panning the democratic budgets that will be voted on tomorrow. your budget, the black caucus budget, the progressive budget, various ones have no chance of becoming law. is there any worry that the idea that republicans are putting forward that our budget balances, our budget balances, a very good sound bite that can work in mid-term elections. whereas you guys' isn't balanced until about 2040. is there any worry that the message could take hold and cause problems for you in the 2014 mid-terms? >> no, luke, for this reason -- the republican budget, the ryan budget balances on t
on the current sequester proceedings by suggesting tax increases inlew of cuts. the republicans agreed to spending cuts. a fair accounting of overall debt would allow them -- so the notion that obama was moving the goal post was less accurate that -- sorry. wanted to wake you guys back up. [laughter] apologize. [cheers and applause] that's actually as far as we got even writing frankly. it was -- [snoring] [laughter] it was after that article that woodward received a rather curious e-mail. >> and it was said to me in an e-mail by a top -- >> what was it? >> it was said very clearly you will regret doing this. >> you won't be threaten bud a senior official. you've gone through worse than this. >> jon: (bleep) got real mother (bleep). [ laughter ] you'll regret this. [laughter] these administration chicago-style thugs storm arming a formerly young reporter like this, if only we had the e-mails. oh, where are you? perhaps if i saw julian assange's name three times they'll appear. assange, assangeassange. >> we have the copy of e-mail. >> jon: it turns out it was sent to him by noted gangs
is south carolina democratic congressman, james clyburn. a $1 trillion increase in tax revenue proposed by the murray plan, 4.$4.25 trillion in savin through 2023 and when democrats include tax revenues, sir, and defense cuts, aren't they basically doing the same thing, starting at a nonstarting point? >> well, thomas, first of all, thanks so much for having me. look, i think that what we've got to do is get real here and think about what the future holds for this great country of ours. i would suggest that both sides start locking ourselves into this ten-year window and that's what is giving us a real lot of pain. let's look at maybe a 20-year budget. i believe that the president did a 20-year budget the last time out. if we look at a 20-year window, most experts i talked to tell me that the big savings come in year 13, 14, and 15. so if we were to see a change in the trajectory going out to 20 years, i do believe this would give us much better definition for both sides to find some comfort levels. we're not going to get it in the ten-year period because we cannot. we democrats cannot
of control. >> had to catch the bus to come over here. >> do you feel like your taxes are going up. >> that's not my call, not my call. >> you open up the wallet. >> yes, exactly. >> do you think that the president cares about the massive amount of debt we're in right now. >> so many stuff we're paying for and not seeing what's going on today. >> i don't think that he cares about anything, but golf right now. >> any advice for the guys in washington? >> i don't know. >> we're not talking about him. >> he at the end of the day the guys have to come together and make it happen. >> if you guys are working the ball close to the ball field and the balls just fly into your handsions in a while. >> and we want a real ball! >> you guys have a game tomorrow? >> oh, yeah, we have a game every day, seven days a week, unlike you. >> where do they find this guy? >> do you ever see o'reilly throw the baseball? >> i think so. >> got a good angle, a tall guy. >> what about the president, you ever see him throw out the first pitch? >> just a boutside. >> president bush could. >> it's like you're having a bl
's the thing. they were ready to tax everyone. i don't care if you would ten euro zone in the bank or a million euros in the bank, they were going to hit you with this tax. obviously that scares the heck out of people. >>alisyn: luckily it was shot down, that plan, because it was so controversial. how did europe react to all of this? >> it's interesting because i don't think the europeans were ready for this to happen. they hatched the plan over last weekend, the i.m.f., e.c.b. and the european union and i think they thought they had the votes. this puts them in a precarious position. the finance minister is in russia. russia gave them a bailout last year, low-interest bailout, almost three billion euros. a lot of this money belongs to russian businesses. but a lot of it legitimate businesses too. the bottom line is i don't know if that was supposed to make it politically correct to go in and steal money from everyone, including regular citizens. >>brian: the russians look like the compassionate ones. it's not fair to the people of cyprus to do this. they say that private gas company offered to
by $2 trillion through tax hikes and spending cuts. gop leaders say the plan will raise taxes without balancing the budget. >> we believe we owe the american people a balanced budget. >> reporter: republican paul ryan's budget released tuesday balances the budget in ten years. highlights include repeal of the health care law, an overhaul of ped care making it a private insurance plan funded by vouchers and unspecified reforms of the tax code with a goal of creating two brackets -- 10 and 25%. >> to inflate the claims of deficit reduction. >> reporter: hours after the president meets with house republicans he will speak at a dinner for organizing for action, the retooled version of his campaign in a move that's rankling some republicans saying it runs counter to his outreach. despite the rhetoric, lawmakers haven't ruled out the possibility of a grand bargain for deficit reduction. that seems like tough sled eing given how sharply divided both sides remain. matt? >> kristen welker at the white house. thank you very much. >>> we have an important health alert this morning tied to the co
to be smart with my investments. i also try to keep my costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. >>> can $10 million make a bunch of stuffy old men less stuffy? less old? less male? it's monday, march 18th and this is "now." >>> joining me today here in washington, d.c., former white house press secretary, and msnbc contributor, robert gibbs, national political reporter at the "washington post," malika henderson, bbc world news anchor, catty kay and "washington post" columnist and msnbc political analyst, the inimitab ablable eugene robinso. >>> four months after the gop's loss at the election, the results are in, cause of death, massive full-body trauma. >> our message was weak, our ground game was insufficient. we weren't inclusive. we were behind in both data and dig
have from the start, they raised taxes to be prepared to pay for the cost of war and not cut them dramatically as we did. i think we didn't dot part we should have in terms of proiing revenue to make sure we can pay for this. the cost of war is well-understood. this should not be a prize. we make sure we had the personnel available to make sure the benefits get processed. >> ten years later, the big take away from the american involvement in iraq, do you think this left an imprint on the generations of americans that war should be the last possible thing to be considered? >> absolutely. iraq was a complicated situation. even when we went to war, we had a no-fly zone. the iraq military was shooting at us every day. saddam hussein is not sustainable. it was a very difficult situation to figure out what to do. i think what we learned is no matter how difficult the situation is, understand the cost of stepping across the line and going to war. it is an enormous cost. i hope you will keep that cost in mind before we rush to judgment on how to deal with the situation. >> the armed servi
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